Would you buy an ounce of gold for $50? They wouldnt!
- Thread starter peilthetraveler
- Start date
Quote from indahook:
I was joking. I would never part with ammo...
As was I. I would never part with cuttings.
But I don't think it's quite a threadjack in the debate over the intrinsic value of gold vs the value of consumables. Not only herbs, but anyone proficient in gardening would find their skills in demand. As you know it's not as easy as it sounds. Just as in welding, cooking, or any skill, some can and some can't. As has been said it comes down to the severity of the situation.
I think a barter economy would be interesting.
Quote from silver914:
As was I. I would never part with cuttings.
But I don't think it's quite a threadjack in the debate over the intrinsic value of gold vs the value of consumables. Not only herbs, but anyone proficient in gardening would find their skills in demand. As you know it's not as easy as it sounds. Just as in welding, cooking, or any skill, some can and some can't. As has been said it comes down to the severity of the situation.
I think a barter economy would be interesting.
Right. Money/gold is only preferable when there is nothing else to be traded. Right now we have this high standard of living where money buys all needs. But if confidence failed barter would rule for 99% of people.
Personally if the system failed, meaning the SHTF or the TEOTWAWKI happened I would prefer food and seeds or a big berkely water purifier over gold. And if all you had in trade for my food and seeds was gold I would not be interested. I would barter for labour instead.
Thats just me though.
I tend to disagree on the idea of gold being the only trustworthy instrument to measure currency debasement against as such a theory in my view disregards the possibility of bubbles and mania's driving assets (in this case gold) possibly well above it's fair value.
When oil hit 148$ a barrel gold was at 964$ an ounce.
When oil fell below 50$ a barrel gold was at 800$ an ounce.
So you can have deflationary preassures in certain areas benefiting the purchasing power of your currency but at the same time creating market opportunities provided by gold in this example where you can reap a profit measured against other asset classes no doubt.
As far as the capital gains tax goes, we don't have that where I live on the condition the speculation where the motives of a 'decent housefather' ....for now that is.
On the classic 5% of your capital in gold shit we agree indeed. It's obviously a self serving mantra introduced by paper shufflers leeching of their clients fees.
Quote from ElCubano:
none of this would help you if you are easily accessible...someone with a bigger gun would make you his bitch. Grow my food and purify my water Biatch and while you're at it get on them knees....
You thinkin about PAW career moves?
I live on a little island surrounded by a huge island.
Come and get me...
Quote from ElCubano:
none of this would help you if you are easily accessible...someone with a bigger gun would make you his bitch. Grow my food and purify my water Biatch and while you're at it get on them knees....
I was just rereading Stephen King's "The Stand" where the sociologist, Glen Bateman puts forth just such a scenario. But is it so? Pioneers who settled the west often lacked any form of community. Yes, many were killed, but was accessibility or bigger guns the deciding factor in the outcome?
Or as the Necromonger says,"You keep what you kill." Now I'm seriously off topic. 'Course, I'm seriously stoned right now too. Peace.
Thank you for sharing this excellent manual. I am amazed that Mormons have been this prepared for years. There is no doubt in my mind that we are headed for a financial calamity in this country and this book has shown me how unprepared I am. I plan to take action immediately to order non-hybrid seeds and start researching water purification systems. I also plan to look into the shotgun they recommend for personal protection. I like their idea of stockpiling ammo, not just for use, but for barter. I also agreed with their suggestions about money. I think junk silver is the way to go.
